Inequality & Distribution
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Why gender remains a central focus in tackling economic inequality
Sep 22, 2016
Remarks by IMF managing director Christine Lagarde remind us why gender remains a major research and policy focus for the Fund — and for the Institute for New Economic Thinking
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How economic policy drives European (dis)integration
Sep 22, 2016
The Eurozone is (quietly) disintegrating as ‘core’ and ‘periphery’ countries continue on paths of economic divergence. That disintegration is reinforced by self-defeating policies shaped by a macroeconomic model that mimics and reinforces the divisions between ‘winners’ and ‘losers’
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The Outlook for the Global Economy
Sep 22, 2016 | 06:00—07:30
An exclusive conversation with Richard Batley, Head of Macroeconomics at Lombard Street Research.
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The Private Debt Crisis
Sep 21, 2016
China is drowning in it. The whole world has too much of it. History suggests: This won’t end well.
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Why Corporate CEO Pay is Routinely Undercounted
Sep 15, 2016
An Institute for New Economic Thinking Working Paper by William Lazonick and Matt Hopkins reveals that much reporting on executive pay relies on systems of measurement that underreport real compensation
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Do U.S. Economists Ignore Inequality?
Sep 14, 2016
Painting economics as blind to inequality may be overstating matters, but for too long efforts to explain it have been self limiting. Now, new economic thinkers are willing to pose uncomfortable questions.
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European Ruling Highlights Apple's Corrupted Business Model
Aug 31, 2016
There is much for U.S. authorities to learn from the European example of forcing corporations to pay their fair share of taxes, but more far-reaching oversight of executives’ allocation of resources is also required
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The Pros and Cons of a Universal Basic Income
Aug 29, 2016
In June of this year, Swiss voters saw an initiative on their ballots calling for an “unconditional basic income” that would “allow the whole population to lead a decent life and participate in public life.” Put on the ballot by a petition drive after it was rejected in parliament, the initiative was rejected by 77 percent of Swiss voters, with 23 percent approving.
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Working Paper Series
The Mismeasure of Mammon: Uses and Abuses of Executive Pay Data
Aug 2016
Report to the Institute for New Economic Thinking on the statistical measurement and policy implications of the compensation of the highest- paid U.S. corporate executives
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Who Picked the Pockets of America’s Households?
Aug 24, 2016
The 2008 financial meltdown wiped out what was left of the savings of millions of American families, but Professor Edward Wolff says decades of income inequality had set the stage for the collapse of their household wealth.
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Working Paper Series
Political Lending
Aug 2016
Using a unique dataset provided by the Center for Responsive Politics (CRP), we document a direct channel through which financial institutions contribute to the net worth of members of the U.S. Congress, particularly those sitting on the finance committees in the Senate and the House of Representatives.
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How the FED's QE Contributed to Inequality
Aug 3, 2016
Epstein discusses financial reform, central banking, and how the FED actually contributed to economic inequality.
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Modern Monopolies
Jul 21, 2016
With the power of modern computing being harnessed into increasingly small and portable devices, what do digital platforms mean for the entrenched global economy?
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How MBA Programs Drive Inequality
Jul 7, 2016
Business school students are taught to extract resources instead of creating value.
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Brexit, Trump and the challenge of populism
Jul 6, 2016
What we’re reading: As the shock of the UK referendum vote to leave the European Union continues to roil, a number of analysts see it as revealing dynamics of which all Western policymakers ought to be aware